The 2nd quarter ended with strength as the major stock market indices rallied and the Nasdaq sits near all-time highs.
In today’s video, we discuss key technical price support and indicators on the major indices, investing themes, and stocks and sectors that are trending. Here’s a recap:
– Strong Close to the Month and Quarter as Support Continues to Hold
– Sentiment is Mixed as Options Traders Remain Bullish; VIX Elevated
– Speculators Continue to Reduce Short Exposure in S&P Futures
– Median Return in July is Positive Going Back to 1950
Stock Market Today Video – July 1, 2020
Twitter: @DanRusso_CMT
Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
